Rupert Murdoch has had a really bad week, to say the least. After declaring that this week would be the start of a new era for his company News International, his company was hit with new allegations relating to the phone hacking scandal that rocked his media empire last year. A re-energized investigation taking place in the UK is working overtime to figure out how the Murdoch’s news outlets developed such cozy relationships with police officers, and how much the company was paying police for insider information. As if that wasn’t bad enough, Murdoch’s son James stepped down as Chairman of News International just days after the new investigation was launched. Sam Seder talks about the potential fall of Murdoch’s media empire with Ed Pilkington, the New York correspondent for The Guardian.
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